The Jennifer Jones Team, LPT Realty, Brokerage
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Toronto (Annex), ON

173-175 MADISON AVENUE

$5,999,000

Listed by
RIGHT AT HOME REALTY
SAROJ JAIN, Salesperson

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Detached at 173-175 MADISON AVENUE, Toronto (Annex), ON
173-175 MADISON AVENUE, Toronto (Annex), ON, photo 2173-175 MADISON AVENUE, Toronto (Annex), ON, photo 3

Property facts

Price
$5,999,000
Type
Detached
Bedrooms
14
Bathrooms
15
MLS®
C13458602
Status
active
Brokerage
RIGHT AT HOME REALTY

About this home

Description provided by the listing brokerage

Rare Investment Opportunity in the Annex - Two semi-detached homes offered together and thoughtfully converted into a substantial 3.5-storey, 7-unit multiplex. The property comprises one spacious 3-bedroom, 3-bathroom suite and six well-appointed 2-bedroom, 2-bathroom suites, each featuring ensuite laundry. Hydro and gas are separately metered, providing operational efficiency and convenience. Featuring tall ceilings and exceptional scale, the combined buildings form one of the largest residential structures in the Annex. Situated at the end of a laneway, the property offers the rare advantage of 7 on-site parking spaces. Stable rental income, presenting an attractive opportunity for investors. Alternatively, its remarkable size and configuration offer future potential for conversion into an extraordinary single-family residence. As a designated heritage property, ownership may be eligible for reduced property taxes and municipal financial assistance programs that support the preservation and maintenance of the building's exterior.

Location

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